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Showing posts from November, 2022

VinFast ships first EVs to the U.S.

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Shipping the first batch caps a five-year effort to develop its production hub. VinFast expects to ship a second batch of cars to the U.S., its first export market, around January. Vietnamese EV maker VinFast said on Friday it had shipped its first batch of 999 cars to the United States, capping a five-year bid to develop an auto production hub in the Southeast Asian country for North American and European markets. The first cars are expected to be handed over to customers by the end of December, the company said. VinFast CEO Le Thi Thu Thuy said some of the VF 8 electric crossovers being shipped Friday would be sent to U.S. car subscription service Autonomy but the majority would go to retail buyers who have ordered the car. Thuy said VinFast expected to be able to ship a second batch of cars to the U.S., its first export market, around January. VinFast is in the process of building an EV plant in North Carolina that is awaiting final regulatory approval from local officials. Thuy sai

TotalEnergies Corbion Collaborates with BGF for Application Development of Its PLA

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  Be Good Friends (BGF) and TotalEnergies Corbion, have entered a long-term collaborative arrangement for application development and the supply of Luminy® PLA. Both bioplastic companies are focused on the development and production of biodegradable materials and products. High Heat Foamed Noodle Cup: BGF recently launched for the Korean market a single use, noodle cup which is aesthetically very pleasing and 100% biobased and compostable. The lightweight, foamed noodle cup minimizes the use of materials and is being produced using high heat Luminy® PLA as a base resin. The development of the cup has been the result of joint development efforts between the 2 companies, and more developments are set to follow in the future. Mr. Hong, chief executive officer of BGF, said “Bringing more environmentally friendly products to the Korean market remains a key focus of our business, PLA is a part of some compounds that we formulate to meet specific customers’ functionality needs for different a

Hyundai opens new Vietnam car factory with 100,000-unit capacity

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A joint venture between South Korea's Hyundai Motor and Vietnamese conglomerate Thanh Cong Group has opened a sprawling new factory in northern Vietnam, as it looks to expand production and hold on to its top spot in the market. The plant, located in Ninh Binh province, has an annual production capacity of 100,000 units. Combined with existing facilities, the joint venture's output capacity is expected to reach 180,000 by 2025. The new plant will produce cars for export to other countries in the region, in addition to the domestic market. Investments by the joint venture in the roughly 50-hectare plant, which includes a test track, total 3.2 trillion Vietnamese dong ($129 million). At a ceremony for the new facility, Thanh Cong Chairman Nguyen Anh Tuan said, "We have transferred the latest technology from South Korea and will be producing high-quality environmentally friendly vehicles here." Hyundai entered the Vietnamese market in 2009 as a joint venture with Thanh C

Cummins, Tata Motors to collaborate on hydrogen ICEs and fuel cells in India

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Hydrogen internal combustion engines (ICEs) and fuel cell systems are set to be in focus under a collaboration between Cummins and Tata Motors following a freshly inked agreement. Under the Memorandum of Understanding (MoU), the companies will collaborate on the design and development of low- and zero-emission propulsion technology solutions for commercial vehicles in India, including hydrogen ICEs, fuel cells, and battery electric systems. According to the new partners, India is set to become to first market to receive Cummins’ hydrogen engines in a bid to help the country meet its 2070 Net Zero carbon emissions goal. The MoU builds off an existing relationship, established in 1993 where the two companies came together to fulfil their goal of introducing cleaner vehicle technology solutions to the India market. “We are taking definitive steps to drive this global megatrend forward in each of our businesses,” said Natarajan Chandrasekaran, Executive Chairman of Tata Sons, and Chairman

BMW will have a hydrogen car on the road by 2030

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Chairperson Oliver Zipse has stated that he is confident the German automaker will be driving H2 soon. BMW Group Chair Oliver Zipse has stated that the automaker is aligned to achieve a viable hydrogen car model as an alternative to battery electrics by the end of the decade. Zipse has stated that while battery electric vehicles are having their moment for now, they will reach their peak within a decade and that after that point, the hydrogen car will be the “hippest thing” on the road. In that light, he has now also said that it won’t be long before one of those “hip” vehicles powered by H2 will be rolling out of BMW’s own factories. He pointed out that while electric vehicles have their appeal, not everyone wants one, and they’re not necessarily compatible for all locations and situations. Instead, those drivers will be better served by vehicles powered by H2, he said. Moreover, they will be able to shop BMW for those vehicles by as early as the end of the decade. According to Zipse,

Volkswagen is developing a hydrogen car with a 1,250-mile range

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The automaker is working on creating a fuel cell far cheaper to own than current forms of H2 vehicle. Volkswagen is developing a new fuel cell hydrogen car that is intended to be substantially cheaper than the currently available H2 vehicles. They are aiming to roll out a model that will have a range of 2,000 kilometers per full tank. Until recently, Volkswagen has openly stated its preference for battery electric vehicles instead of focusing on a hydrogen car model among its zero emission offerings. In fact, the automaker’s CEO Herbert Diess has publicly denied (via tweet) the potential of using H2 as a fuel for passenger vehicles as recently as May 2022. “It has been shown that the Hydrogen car is not the solution to the climate problem,” said Diess at that time in his tweet. “In transport, electrification has taken over. Fake debates are a waste of time. Please listen to science.” That said, Volkswagen has now applied for a new fuel cell vehicle patent, which it will be developing a

China’s BYD orders 8 RoRo cargo ships in the amount of $689 million Eyes global car market

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China’s BYD (Build Your DreamsThe company has placed an order to purchase 8 RoRo cargo ships that can carry up to 8 vehicles. This is worth $5 billion Yuan Shipyard in Incheon, CA: $689 Million Yantai. The Each ship can carry 7,700 vehicles and eight of them will be used to expand the brand’s global reach. Out There are 8 cargo ships available. 6 orders have been placed, with options to add 2 more. MoreoverBYD was the largest company in the world. EV Overtaking maker by volume during the second quarter. Tesla. The Chinese Recent market entry by carmaker includes Thailand, Laos, Mongolia, NepalAlso, India. Source:BYD/timesofindia

Hexagon Agility receives new order from Xpress Natural Gas (XNG) for Mobile Pipeline® modules to meet customer demand for clean energy

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Hexagon Agility, a business of Hexagon Composites, received a new order from Xpress Natural Gas LLC (XNG), a leading full-service provider of compressed natural gas (CNG) in the United States, to deliver Mobile Pipeline® modules to transport clean and renewable natural gas (RNG). This order has an estimated value of USD 14.8 million. Delivering safe and innovative solutions: “We look forward to continuing to grow our relationship with Hexagon Agility as a key supplier to XNG as we work to provide safe, reliable cleaner energy solutions to an increasing number of customers and sectors unserved by traditional energy pipelines” said Simon Richards, Chief Executive Officer at XNG. We’re really pleased to continue to expand our fleet with Hexagon Agility’s Mobile Pipeline products. “TITAN 53 modules, allow us to safely and efficiently deliver CNG to communities with the fewest number of trips. As we continue to expand our market areas Hexagon products give us the flexibility to serve all ty

Shell and RaĆ­zen sign 3.2 billion litre cellulosic ethanol deal

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Oil and gas major Shell has agreed to purchase a total of 3.25 billion litres of sugarcane-based cellulosic ethanol under a long-term agreement with Brazil’s RaĆ­zen. The low-carbon fuel is expected to be produced by five plants that RaĆ­zen plans to build in Brazil - bringing its total portfolio of cellulosic ethanol facilities in the Latin American country to nine. Shell contributed the cellulosic ethanol technology during the formation of RaĆ­zen, a joint venture with Cosan in 2011. Since then, RaĆ­zen has developed and scaled-up the process for making low-carbon intensity ethanol from sugar-cane waste. The new plants will enable RaĆ­zen to operate highly integrated bio-energy parks, while the supply deal will help Shell with its strategy of becoming a net-zero emissions energy business by 2050. Andrew Smith, executive vice president for Shell Trading and Supply, said: “Global demand for sustainable fuels is growing. Combining RaĆ­zen’s innovative sugar-cane waste technology with Shell’s

Amcor Develops Technology for 50% Lighter PET Bottles

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  Taking a quantum leap forward in reducing weight in packaging, Amcor Rigid Packaging (ARP) has developed a revolutionary two-step, lightweighting technology that eliminates more than 50% of the material and weight in the finish of the bottle. 100% Recycled Material Use: A leader in developing technology that produces more sustainable packaging options, ARP’s new Quantum™ technology for polyethylene terephthalate (PET) bottles delivers sustainability benefits, lowers cost, and improves packaging appearance. By removing more than 50% of the material and weight from the finish, the new Quantum™ technology reduces manufacturing costs and GHG emissions, resulting in energy savings and lower carbon emissions compared to bottles with a traditional finish. Quantum™ technology also allows for up to 100% recycled material use and provides a superior consumer experience with a more sustainable, fully recyclable package. “Our customers and consumers alike are looking for ways to support the circ